ID start-up Socure lands $61m from Citi, Wells Fargo & MVB
The start-up was co-founded back in 2012.
The start-up was co-founded back in 2012.
Nasdaq’s proposal to the SEC pushes for alternative routes to the public markets.
The start-up has built an advisory board of teens.
The firm plans an EU expansion in 2021.
So far, the fund has invested in around 320 companies.
Matt Sattler, head of HSBC’s innovation labs, reveals what it takes to secure a deal with the bank.
AvidXchange says it’s had a three-year growth rate of 133%.
UK challenger bank aims for largest shareholder round to date.
The seed funding was led by Bain Capital Ventures.
Known as Shuidihuzhu in China, its Series D round was led by Swiss Re and Tencent.
New company plans to help unbanked workers.
The new valuation increased by nearly one-third from a previous round just one month ago.
Payments firm raises $33 million and welcomes Lloyds and Nationwide as shareholders.
The system claims to save landlords “significant time”.
The round comes less than a year after it became a Public Benefit Corporation.
Around half of the committed SGD 250m rolled over from the first FSTI scheme.
Vitesse brings total raised to £7.3 million with fresh injection.
The firm plans to use its new cash to develop KYC solutions.
Zibo is a fintech for the “underserved landlord”.
Woodson Capital has become a substantial shareholder.
Firm plans to use new funding to build out infrastructure.
Mangot was behind the launch of Wells Fargo’s challenger app Greenhouse.
The fintech was forced to delay launch due to COVID-19.
The capital will also underpin its launch in Cambodia later this year.
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Firm reaches total funding of more than $10m with new round.
Approve is a cloud-based software-as-a-service (SaaS) platform.
Candis plans to use its new funds to expand within Europe.
New scheme kicks off with approval from a handful of Chinese regulators.
The new capital adds to its already closed €22.5 million last October.
The fintech last raised funding in July 2019.
The firm wants to turbocharge its offering, customer base and geographical presence.
It will use the proceeds to expand its cloud-based Software-as-a-Service.
The challenger aims to launch in the first quarter of 2021.
FinTech Futures’ weekly news round-up.
The remittance market is set to suffer from the pandemic.
DPO is the largest online commerce platform operating across Africa.
“All the banks see is risk,” Slice’s CEO Rajan Bajaj tells FinTech Futures.
The fintech’s valuation sits at around $115 million.
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.